Strong

Discord

Polygon

Avalanche

<ul>
 <li>Avalanche swiftly resolved a Discord breach, highlighting the growing cybersecurity threats within the crypto community.</li>  
 <li>Despite a Discord hack, AVAX shows resilience, breaking out of a descending triangle and rallying on strong buying interest.</li>  
 <li>ZkSync and Polygon also faced Discord hacks, with users warned to avoid suspicious links amid rising crypto security threats.</li> 
</ul>  
<p>Avalanche's official Discord server faced a <a href="https://cryptonewsland.com/bitcoin-hack-of-238-million-unleashes-new-speculation/" target="_blank" rel="noopener noreferrer nofollow">severe security breach</a>, sparking concern among its community. Hackers compromised the server, prompting warnings from the Avalanche team. Users were advised to avoid interacting with accounts or clicking on any links.&nbsp;</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  https://twitter.com/avax/status/1827758804471288125
 </div>
</figure>  
<h3 class="wp-block-heading" id="h-swift-response-to-discord-breach"><strong>Swift Response to Discord Breach</strong></h3>  
<p>However, Avalanche’s team acted swiftly, regaining control and re-securing the server. The Community Lead, Ben Well, <a href="https://x.com/avax/status/1827784375062368642" target="_blank" rel="noopener noreferrer nofollow">assured</a> users that the issue was resolved. The team is now focused on restoring normal operations, with efforts underway to recover deleted channels and roles.&nbsp;</p>  
<p>Besides Avalanche, other notable networks have also faced similar attacks. ZkSync’s Discord server was compromised shortly after Avalanche’s breach. Hackers shared links to a fake “round 2 airdrop” scheme, aiming to deceive users into participating.&nbsp;</p>  
<p>Following a <a href="https://cryptonewsland.com/polygon-recovers-discord-from-145k-phishing-scam/" target="_blank" rel="noopener noreferrer nofollow">breach of Polygon's Discord</a>, a member allegedly <a href="https://x.com/ValidatorK/status/1827250459444441457" target="_blank" rel="noopener noreferrer nofollow">lost</a> $150,000 worth of Ethereum, leading to this round of attacks. Chief information security officer at Polygon, Mudit Gupta, verified the breach and advised customers to stay away from dubious websites until the issue was fixed.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  https://twitter.com/Mudit__Gupta/status/1827235421979603352
 </div>
</figure>  
<h3 class="wp-block-heading" id="h-avax-shows-resilience-amid-market-uncertainty"><strong>AVAX Shows Resilience Amid Market Uncertainty</strong></h3>  
<p>On the market front, Avalanche (AVAX) is showing positive momentum despite these security challenges. The AVAX/USDT pair on Binance's 4-hour chart reveals a breakout from a descending triangle pattern.&nbsp;</p>  
<p>The price initially moved upwards, supported by strong buying interest. Additionally, Fibonacci retracement levels suggest key areas of support and resistance. The most recent advance was supported by the 0.5 retracement level, or about $25.58.</p>  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcbeCkhVpNJGxiY_Y8PxBf68AStnaSTO2ZOmrrdVdfr1MFbhzMWWx2ii1ftrNcKUMDBcifeEGiAfhoOsiHOtdVgb6AwlRSJCJKUqoAQRWeKIcVMHT1pvWf5cOo2FmO8-MgguLesNKS-vB_LlFyqN4R6cLZ0?key=Wz4gAfJtPaSNZkPwp0N_0w" alt="">
</figure>  
<p>In addition, the 50-period Exponential Moving Average (EMA) suggests a dynamic level of support. At $26.48, the price is in a consolidation phase slightly above this mark. A possible upward advance is indicated by this consolidation phase, particularly if the price can stay above the 50 EMA. In the event that the price drops below this level, a retracement or trend reversal can take place.</p>  
<p>Strong purchasing interest is shown by the higher volume during the breakout, which adds credence to the optimistic assessment. As a result, a move toward the $27.33 resistance level or higher appears plausible if AVAX maintains its current level of support.</p> 
<p>The post <a href="https://cryptonewsland.com/avalanche-fights-off-discord-hack-as-avax-surges-amid-market-recovery/" rel="noopener noreferrer nofollow">Avalanche Fights Off Discord Hack as AVAX Surges Amid Market Recovery</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Avalanche Fights Off Discord Hack as AVAX Surges Amid Market Recovery

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